Loxford School: school finances
Heading for deficit
Has spent more than it received for 2 years running; at that rate its £1.7m reserve runs out in about 2 years.
Latest full year 2024-25, as a academy (accounts return, September–August). Redbridge · All-through · Academy converter.
Academies in a trust don't hold money on their own: LOXFORD SCHOOL TRUST LIMITED can move money between its schools. The reserve includes this school's per-pupil share of the trust's central reserve.
Reserve at the end of each year, 2018-19 to 2024-25
Income and spending, 2018-19 to 2024-25
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2018-19 | £18.7m | £16.3m | +£2.4m | £1.0m | 2,804 |
2019-20 | £16.7m | £18.2m | -£1.5m | £1.6m | 2,800 |
2020-21 | £18.1m | £19.0m | -£883k | £1.7m | 2,779 |
2021-22 | £17.2m | £18.2m | -£964k | £0 | 2,797 |
2022-23 | £19.7m | £19.7m | +£49k | £0 | 2,762 |
2023-24 | £20.2m | £21.1m | -£916k | £0 | 2,752 |
2024-25 | £20.4m | £21.9m | -£1.6m | £1.7m | 2,795 |
Compared with similar schools
Similar schools are the 30 all-through schools in London closest in size and in the share of pupils on free school meals. Its reserve, as a share of income, is higher than 57% of them. It spends £7,844 a pupil in total; similar schools typically spend £8,728.
This school Middle half of similar schools Similar schools’ median
Show the comparison as a table
| Spending per pupil | This school | Similar schools (median) | Middle half |
|---|---|---|---|
Teachers | £4,816 | £4,910 | £4,388–£5,423 |
Support staff (e.g. TAs) | £473 | £928 | £373–£1,127 |
Supply staff | £12 | £175 | £73–£379 |
Admin and clerical | £549 | £557 | £418–£728 |
Premises | £638 | £467 | £361–£541 |
Energy | £99 | £143 | £117–£181 |
Learning resources & ICT | £541 | £437 | £344–£514 |
Bought-in services | £19 | £137 | £70–£179 |
Compare side by side with the 3 most similar schools
Which schools are these?
- The Sydney Russell School Large reserves
- Robert Clack School Heading for deficit
- Eastbury Community School In deficit
- Seven Kings School Healthy
- Preston Manor School Large reserves
- Woodmansterne School Heading for deficit
- St Mary's and St John's CofE School Large reserves
- Ark Isaac Newton Academy Large reserves
- Prendergast Ladywell School Healthy
- Guru Nanak Sikh Academy Healthy
- Whitefriars School Large reserves
- Wren Academy Finchley In deficit
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £20.2m | £7,231 |
SEN funding (part of grants) | £469k | £168 |
Self-generated (lettings, catering, donations) | £490k | £175 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- What is the plan to stop spending more than the school receives each year?
- Spending on premises is £638 a pupil, against a typical £467 for similar schools. What's behind that?
Check these figures
Every figure here comes from the school's published return to the DfE. Check it on the DfE benchmarking page for this school, and see how the status is worked out.
Admissions, Ofsted and results for Loxford School · All Redbridge school finances